16 Tara Ter
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Oct 27, 2025 | In contract | - | |
| In contract | |||
| Oct 19, 2025 | Listed by Conway - Dartmouth | $624,900 | |
| Listed by Conway - Dartmouth | |||
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This gem really sparkles from the minute you drive up. The interior will blow you away with its openness, cathedral ceilings with skylights, beautifully updated flooring throughout. 3 Lg Bedrms with master ensuite with nicely updated 3/4 bath. This one level home also has main level laundry, central A/C and great sliders to large rear deck . This property is updated throughout and ready to move right in. Great Monument Beach just about a mile away
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| Jun 7, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | Listed by Keller Williams Realty | $589,900 | |
| Listed by Keller Williams Realty | |||
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Recently renovated 3 bedroom/2 bath easy living one level Ranch less than 2 miles from Monument Beach & Marina. Offering an open living/dining & kitchen with wood burning fireplace, Bay window, skylights, recessed lighting & slider to the spacious deck for summer entertaining. White kitchen with quartz countertops, stainless appliances, tile backsplash & small kitchen island perfect for meal prep or baking. Primary bedroom with walk-in closet & full bath with tiled shower stall. 2 additional bedrooms, hall bath with tub/shower & 1st floor laundry with washer & dryer. Luxury vinyl flooring throughout. Brand new heating system. A/C, hot water tank & roof are 3 years old. Passing Title V on file. Buyers/buyers agent to verify all information contained herein.
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